Recap More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low.
Outlook Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain the move, we get the next one immediately. Not the time to be a hero to trade in the current environment.
Lawrence's Comment
Recap
Breakout play worked out. Clearing Y-1 gave us a straight melt down to Y-3 target. Then a technical bounce took ES higher back to Y-1. Closed the ...
Lawrence's Comment
Recap
A weak version of what happened to Dow. 50% previous week range. Closed the week at Y+1 / previous week close and below midpoint.
Outlook
If we are getting a spike ...
Lawrence's Comment
Recap
Pre-Brexit ramp up from Y+1 to normal breakout target of Y+3. Spike reversal from Y+3 gave us Y+1 and then Y-1. Closed the week near Y+1 and midpoint.
...
Lawrence's Comment
Recap
All week bear flag drift up. Tagged resistance at Y-0 before NFP and sold off right after. Wild reaction at Y-1 and erased the drop. Closed the week below ...
EURUSD Jun 13 to Jun 17 Outlook
Lawrence’s Comment
More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low.
Outlook
Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain the move, we get the next one immediately. Not the time to be a hero to trade in the current environment.
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